Earnings ·
Sonos reports $1.547B fiscal 2026 revenue, up 7%, and authorizes new $150M buyback program
SONOSonos Inc
Sonos reported fourth-quarter and full-year fiscal 2026 results showing a return to growth. Full-year revenue increased 7% year-over-year to $1,547 million, while GAAP net income rose to $90 million and Adjusted EBITDA grew 39% to $184 million. Fourth-quarter revenue jumped 20% to $344 million with GAAP diluted EPS of ($0.04). Concurrently, the Board authorized a new common stock repurchase program of up to $150 million, following the completion of its prior authorization. Sonos is a leading audio company that designs and sells connected home speakers and sound systems.